There's been quite a few new renewables projects announced during the past two weeks. Here are our picks for some of the most interesting projects.
Kohl's department stores
This big-box retailer wants to better utilize all of its valuable rooftop real estate and is working with SunEdison Solar Power Services to install solar power systems. Kohl's recently announced that it would convert 10 of its 24 stores in Colorado to solar power and that within the next few months it will have 100 stores powered by the sun. The systems will provide about 20-30 percent of each store's power. Each store will have approximately 2,340 solar panels that will nearly cover the roof of the typical 88,000-square-foot building.
SunEdison pays for the solar panels and installation and then sells the electricity generated to Kohl's on a 20-year contract with the price pegged at or below the cost of grid power. This removes the high cost of installing and maintaining solar panels for Kohl's, while delivering predictable pricing for the long term. June Fischer, Kohl's senior manager of environmental strategies, says this is the largest purchase and deployment of solar power by a single entity in U.S. history. “We're going to be hosting 65 installations on retail store rooftops in California alone,” she said in a press statement posted on www.sunedison.com.
The Baltimore-based utility announced that its subsidiary, Constellation Energy's Projects & Services Group, has completed installation of a 1.2MW solar and wind power system at the University of Toledo's Scott Park Campus of Energy and Innovation in Toledo, Ohio. The campus will utilize solar and wind power to generate electricity. The university's commitment to sustainability also provides students with first-hand educational experiences with renewable technologies.
Clear Skies Solar Inc. (CSS)
This Mineola, N.Y.-based renewable energy provider to commercial, industrial and agricultural clients announced its second fully financed project for 2010, a 324 kW solar power project to be installed on the ShopRite building located in the Metro Plaza in Jersey City, N.J. The new project is being financed by G&S Investors of New York, bringing the total currently announced and financed CSS backlog to $2.1 million or more than half a megawatt in just the first six weeks of the 2010.